Russian FSB Arrests Telegram Bloggers for Stock Manipulation

2026-04-14 09:13

The Russian Federal Security Service (FSB) has arrested three Telegram investment channel bloggers accused of manipulating the stocks of 19 companies on the Moscow Exchange through a "Pump & Dump" scheme. The operation involved over 55,000 illegal trades. The Russian Central Bank has noted a rise in cases where financial bloggers exploit their followers for profit, pledging to continue cracking down on such market manipulation. Research from Moscow University indicates that approximately 11% of Telegram investment signals can directly influence stock price movements. Additionally, over 60% of retail investors in the Russian market heavily rely on social media signals for trading decisions.

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